Tag Archive for: Ripples

Kaseya Hack Ripples Across Europe as Ransomware Boom Escalates


A ransomware attack disclosed last week by a Miami-based software provider spread to customers in six European countries, a company official said Thursday, showing how a hack targeting digital supply chains can quickly extend across industries and international borders.

A criminal hacking group used a Kaseya Ltd. product as a springboard to reach nearly 60 of the firm’s clients on July 2, the company said, launching a sprawling ransomware attack. After reaching those customers’ networks, hackers then jumped to their clients’ computer systems and locked up data of between 800 and 1,500 total victims, many of them small businesses.

Eight of Kaseya’s affected customers are in European countries, including the U.K., Netherlands, Germany, Sweden, Norway and Italy, said

Ronan Kirby,

president of the company’s Europe, Middle East and Africa unit. Cybersecurity experts say the tactics used to target the firm represent an escalation in the global ransomware boom and present new questions for businesses and policy makers racing to respond.

Mr. Kirby, speaking Thursday at a virtual event hosted by the Centre for Cyber Security Belgium, the country’s cyber authority, said Kaseya was a particularly appealing target because many of its customers are also technology-service providers with broad client bases of their own.

“You attack a company, you get into that company,” he said, adding that Kaseya’s own systems are secure. “You attack a service provider, you get into all their customers. You attack Kaseya, that’s a very different proposition.”

Kaseya said Thursday that it expects to release a patch for the software bug used by hackers to access its virtual system administrator product by Sunday…

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Huge federal hack ripples across energy industry — Thursday, December 17, 2020 — www.eenews.net


Electric utilities are grappling with the fallout from one of the most significant cyber intrusions in years, as the far-reaching impact of a sophisticated hacking campaign comes into sharper focus.

Four days after the supply chain cyberattack on IT service provider SolarWinds was revealed, details on its global victims — from federal agencies to oil and electricity companies — are still emerging (Energywire, Dec. 15).

The SolarWinds software hijacked by suspected Russia-linked hackers was widely used by U.S. power providers, experts say, leaving many companies scrambling to find out if they’re affected by the breach. And sources say a simple software update or patch won’t erase the threat from the “Sunburst” malware: Organizations targeted by the hackers will likely have additional malware installed that could be difficult to find.

“Any organization that says, ‘Yep, we got it solved. It’s all good,’ in the next 90 days: I would respectfully disagree,” said Jim Guinn, global managing director for cybersecurity in energy, chemicals, utilities and mining at Accenture.

The number of agencies and organizations that may have been hit by the cyber espionage campaign is unclear. Reuters first reported that the Commerce, Treasury and Homeland Security departments were among those targeted. The list of agencies has since grown to include the State Department and the Pentagon, The New York Times reported, citing anonymous sources familiar with the ongoing investigations.

In a joint statement yesterday, DHS’s Cybersecurity and Infrastructure Security Agency, the FBI and the Office of the Director of National Intelligence said they have formed a “Cyber Unified Coordination Group to coordinate a whole-of-government response” to the hacking campaign.

“This is a developing situation, and while we continue to work to understand the full extent of this campaign, we know this compromise has affected networks within…

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Cyber Warfare Sending Ripples Through the World – Sputnik UK


Communities Digital News

Cyber Warfare Sending Ripples Through the World
Sputnik UK
However, cyber specialists McAfee Labs claim cyber warfare will no longer remain the domain of Great Powers, with small nation states and even terrorist groups expected to have a go at it more frequently next year. This will lead to a surge in its
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